MAI-listed developer Proud Real Estate Plc expects to close sales of a luxury condo project in Hua Hin by next April as wealthy Thai buyers shift to local destinations.
SET-listed Asset World Corp Plc (AWC), a property arm of billionaire Charoen Sirivadhanabhakdi's TCC Group, has revised its hotel and retail strategy to target Thai tourists, as the inbound market may not revive until late in the third quarter of 2021.
After the continuous launching of new projects in the past few years, the emergence of the pandemic has led SET-listed developer Eastern Star Real Estate Plc (ESTAR) to take a more careful path.
Property developers need new mechanisms to draw in the foreign market as the Center for Economic Situation Administration is set to consider a stimulus package for this sector.
SET-listed developer SC Asset Corporation recorded 38% year-on-year growth in low-rise house presales in the first nine months, driven by units priced higher than 10 million baht.
MAI-listed developer Proud Real Estate Plc expects to close sales of a luxury condo project in Hua Hin by next April as wealthy Thai buyers shift to local destinations.
SET-listed developer Frasers Property Thailand (FPT) will replace the Golden Land brand with Frasers for future residential projects from next month.
SET-listed developer Sansiri Plc has invested 25 million baht in a new venture, Hugs Insurance Broker Co, via wholly owned subsidiary Sansiri China Co to diversify into new business segments.
SET-listed Asset World Corp Plc (AWC), a property arm of billionaire Charoen Sirivadhanabhakdi's TCC Group, has revised its hotel and retail strategy to target Thai tourists, as the inbound market may not revive until late in the third quarter of 2021.
After the continuous launching of new projects in the past few years, the emergence of the pandemic has led SET-listed developer Eastern Star Real Estate Plc (ESTAR) to take a more careful path.
Property developers need new mechanisms to draw in the foreign market as the Center for Economic Situation Administration is set to consider a stimulus package for this sector.
Golden Land Property Development Plc, the operator of Samyan Mitrtown retail complex, vows to optimise the complex's retail space in the final four months this year, increasing its rental revenue which has been devastated by the Covid-19 outbreak.
Investment firm Mesa Thai Pte Ltd has acquired a 21.4% stake in real estate company Raimon Land Plc by acquiring 893 million shares from existing shareholders.
The revised loan-to-value (LTV) regulations will remain in place to curb risks accumulating in the property sector, says the Bank of Thailand.
